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Posted on 03/05/2009 10:45:17 AM PST by TexasNative2000
NEW YORK – The Dow Jones industrial average dropped another 200 points today on fresh concerns about banks and about General Motors. In midday trading, the Dow is down 219.11, or 3.19 percent, to 6,656.73, a low not seen since April 1997.
The Standard & Poor's 500 index dropped 26.09, or 3.66 percent, to 686.78. The S&P has not traded below this level since October 1996. The Nasdaq composite index fell 42.29, or 3.12 percent, to 1,311.45.
(Excerpt) Read more at news.yahoo.com ...
Contrast that to this AP article which credits Wednesdays rise in the markets to Obama, and this article which details Mondays fall without mentioning Obama.
The pattern is clear: a fall in the market is due to the economy; a rise in the market is due to Obama.
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